secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001104659-22-113476
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco Group Q3 sales record $97M (+57% YoY), EPS $1.12 from $0.52; dividend $0.24
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- Consolidated net sales $97.0M (record), up 57% YoY; operating earnings $14.2M, more than double last year's $6.7M.
- Net earnings record $10.8M, diluted EPS $1.12 vs $0.52; gross margin improved to 40.6% from 40.0%.
- Wholesale segment sales $81.6M (+63%), led by Florsheim (+82%) and BOGS (+52%); operating earnings $12.9M (+114%).
- Other segment (Florsheim Australia) sales $8.2M (+54%), swung to operating earnings $476K from loss $682K.
- Board declared $0.24/share dividend, payable Jan 3, 2023 to holders of record Nov 28, 2022; unchanged from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000110465922113476/0001104659-22-113476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000110465922113476/tm2229422d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-113476

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